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    • General equilibrium with endogenous securities and moral hazard 

      Braido, Luís Henrique Bertolino
      2005-07
      This paper studies a class of general equilibrium economies in which the individuals' endowments depend on privately observed effort choices and the financial markets are endogenous. The environment is modeled as a two-stage ...
    • Moral hazard and general equilibrium in large economies 

      Lisboa, Marcos de Barros
      2001
      The paper analyzes a two period general equilibrium model with individual risk, aggregate uncertainty and moral hazard. There is a large number of households, each facing two individual states of nature in the second period. ...